From the perspective of short-term trends, the current phase of rebound is by no means a signal of a reversal of the downtrend, but rather a technical pullback within the long-term short positions market structure, which is fundamentally insufficient to reverse the overall downward direction of the market. Although the price structure presents a strong oscillation appearance in the short term, the underlying trend still firmly points towards short positions.

Further validation from the small time frame technical analysis shows that the coin price has confirmed pressure near the critical resistance level of 91000, and multiple attempts to break through have been ineffective. The solidification of the resistance level is the core technical prerequisite for the short positions to launch a counterattack. As the validity of the resistance is confirmed, the subsequent price pullback is supported by solid technical backing.

Any technical rebound towards the pressure area should be regarded as a high-quality opportunity to enter short positions. During the process of confirming the rebound under pressure, establish short positions in batches to seize the downward space brought by the continuation of the trend.